Video: Business management for decision makers

What do engineering managers need to create effective strategic plans? Watch this video to learn more.

Morrissey Goodale, Newton, Mass.

03/06/2014

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Missions. Visions. Strategies. Goals and actions. All are key components of strategic plans. And when well-crafted, they serve as a roadmap toward a compelling future. Yet it all adds up to a big fat zero when the team charged with creating that plan and carrying it out doesn’t trust one another, won’t work together, makes ungrounded assessments, solves the wrong problems, and makes unsound decisions. Watch video to learn more from Mark Goodale, principal, Morrissey Goodale, Newton, Mass.

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.